Anhui Korrun Balance Sheet Health
Financial Health criteria checks 4/6
Anhui Korrun has a total shareholder equity of CN¥2.6B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are CN¥5.1B and CN¥2.5B respectively. Anhui Korrun's EBIT is CN¥365.4M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥787.0M.
Key information
51.7%
Debt to equity ratio
CN¥1.33b
Debt
| Interest coverage ratio | -3.6x |
| Cash | CN¥787.04m |
| Equity | CN¥2.57b |
| Total liabilities | CN¥2.49b |
| Total assets | CN¥5.06b |
Recent financial health updates
Recent updates
Anhui Korrun Co., Ltd.'s (SZSE:300577) Share Price Boosted 34% But Its Business Prospects Need A Lift Too
Dec 16
Anhui Korrun's (SZSE:300577) Performance Is Even Better Than Its Earnings Suggest
Nov 06Is Anhui Korrun (SZSE:300577) Using Too Much Debt?
Oct 16Some Investors May Be Worried About Anhui Korrun's (SZSE:300577) Returns On Capital
Oct 01Earnings Tell The Story For Anhui Korrun Co., Ltd. (SZSE:300577) As Its Stock Soars 29%
May 07The Strong Earnings Posted By Anhui Korrun (SZSE:300577) Are A Good Indication Of The Strength Of The Business
May 05Here's What's Concerning About Anhui Korrun's (SZSE:300577) Returns On Capital
Mar 26Anhui Korrun Co., Ltd. (SZSE:300577) Stock Rockets 25% But Many Are Still Ignoring The Company
Mar 08Financial Position Analysis
Short Term Liabilities: 300577's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 300577's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥593.4M).
Debt to Equity History and Analysis
Debt Level: 300577's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: 300577's debt to equity ratio has increased from 7.6% to 51.7% over the past 5 years.
Debt Coverage: 300577's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: 300577 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:50 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Anhui Korrun Co., Ltd. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xu Yu | Changjiang Securities Co. LTD. |
| Bo Chen | Chasing Securities |
| Kai Qian | China International Capital Corporation Limited |